https://www.taxtmi.com/forum/issue?id=108010 CENVAT credit on erection, commissioning and installation services for capital goods is governed by whether those costs are capitalized and by the CENVAT reversal/options framework: capitalized installation costs are treated as part of the capital asset and generally creditable unless used exclusively for exempted goods, while inputs/input services used for both taxable and exempted activities require either separate accounts or adherence to prescribed proportionate payment options, with the chosen option applying for the remainder of the financial year. en-us Fri, 13 Feb 2015 15:44:27 +0530 Thu, 23 Jan 2025 15:57:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108010 CENVAT credit on erection, commissioning and installation services for capital goods is governed by whether those costs are capitalized and by the CENVAT reversal/options framework: capitalized installation costs are treated as part of the capital asset and generally creditable unless used exclusively for exempted goods, while inputs/input services used for both taxable and exempted activities require either separate accounts or adherence to prescribed proportionate payment options, with the chosen option applying for the remainder of the financial year. Discussion-Forum Central Excise Fri, 13 Feb 2015 15:44:27 +0530 https://www.taxtmi.com/forum/issue?id=108010